Retirement Income Simulator
Retirement Income Simulator

Calculator update 1 July 2023

Monday, 3 July 2023

Today we released the updated Retirement Income Simulator for the 2023-24 financial year. There were no changes to the underlying calculations, just parameter updates as follows:

  • Co-contribution eligibility income threshold to $43,445
  • SG minimum rate to 11.0% of salary
  • SG maximum contributions base to $249,080
  • Age pension means test and deeming thresholds
  • Underlying indexed values of contribution caps and transfer balance cap
  • Removal of minimum drawdown relief that had applied in earlier years

In addition, disclosure relating to these parameters was updated


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Posts by Quarter

2024 q4

ASIC regulations for super forecasts updated

2024 q3

Calculator update 1 July 2024

2023 q3

Calculator update 1 July 2023

2022 q4

Superannuation calculator regulatory update goes live

2022 q3

Superannuation calculator regulations updated
Calculator update 1 July 2022

2021 q3

Calculator update 1 July 2021

2020 q4

Tax changes arising from Federal Budget 2020

2020 q3

Calculator update 1 July 2020

2020 q2

Making the simulator more accessible
Two new RIS features

2019 q3

Deeming rate changes July 2019
Calculator update July 2019

2019 q2

Inflation update
Home loan feature

2017 q3

New enhancement for the self-employed
Calculator update July 2017

2017 q1

Calculator Updates for March 2017

2016 q4

Calculator Updates for December 2016
Inflation update
Calculator updates for October 2016

2016 q3

Modelling inflation in the simulator
Calculator updates for July 2016

2016 q2

Federal Budget 2016
Calculator updates for April 2016

2016 q1

Career changes in the Retirement Income Simulator
Changes to online calculator regulations

2015 q4

Calculator updates for December 2015
Alternative input methods for the Retirement Income Simulator
Retirement Income Simulator improvements for the retirement phase

2015 q3

Age Pension and ASFA Retirement Standard changes
How much super do you need?
Calculator Updates for July 2015

2015 q2

Congratulations to Media Super
Infographics for simplified retirement planning
Retirement Income Simulator gets a responsive redesign



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